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TABLE 10-9 The Following Excel Output Contains the Results of a Test

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TABLE 10-9
The following Excel output contains the results of a test to determine whether the proportions of satisfied customers at two resorts are the same or different.
TABLE 10-9 The following Excel output contains the results of a test to determine whether the proportions of satisfied customers at two resorts are the same or different.    -Referring to Table 10-9, if you want to test the claim that  Resort 1 (Group 1)  has a higher proportion of satisfied customers compared to Resort 2 (Group 2)  , the p-value of the test will be A)  0.007272. B)  0.00727/2. C)  2 * (0.00727) . D)  1 - (0.00727/2) .
-Referring to Table 10-9, if you want to test the claim that "Resort 1 (Group 1) has a higher proportion of satisfied customers compared to Resort 2 (Group 2) ", the p-value of the test will be


Definitions:

Independent Variable

In research and experimentation, the variable that is manipulated or changed to observe its effects on a dependent variable.

Dependent Variable

In an experiment or study, it is the variable that is tested and measured, and it is expected to change as a result of changes in the independent variable.

Straight Line

In the context of graphs, a linear representation that exhibits a constant rate of change between two variables.

Horizontal Change

A term that does not have a standard definition in economics; it might be a misinterpretation or miscommunication of a concept. NO.

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